New tax breaks on tip income and overtime pay are part of the megabill that President Trump plans to sign into law. But some ...

The megabill that's bound for the president's desk contains tax breaks that could save some Americans - including tipped workers, employees working overtime, car buyers, seniors and certain homeowners ...

Today’s AI hawks like Elon Musk and OpenAI’s CEO Sam Altman are known for their efforts to evolve their current AI systems ...

Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% under the One Big Beautiful ...

The "Big Beautiful Bill" could give seniors earning under $75K a tax break of up to $6,000. Here's what we know.

The Senate bill temporarily raises the SALT deduction and adjusts it annually for inflation. In 2026, the cap would increase to $40,400, followed by 1% hikes through 2029. Starting in 2030, it would ...

After much discussion amongst Congress members, the President Trump-backed ‘Big Beautiful Bill’ appears to be getting closer ...

President Donald Trump has pitched no taxes on Social Security benefits. Republicans’ “big beautiful” bill includes a ...

The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

The MAGI calculation starts with your adjusted gross income (AGI), and then you add back certain deductions or exclusions. Here’s how MAGI works and how to calculate it.

Michigan's average adjusted gross income was $56,937 for individual income 2014 tax returns — lower than the U.S. average of $65,685. Nationwide, the top 10% of individual returns had an ...